While shares are seeing selling pressure, the stock is still on track to beat out the average first-week performance of 30 major US tech IPOs from the past 15 years, according to Truist Advisory Services.
SpaceX shares concluded their first week of trading with a remarkable 37% gain above their initial public offering price. Despite some initial selling pressure, the stock's performance significantly exceeded the average first-week returns of 30 major US tech IPOs over the past…
Market Samachar is a news aggregator. This article was originally published by NDTV Profit - Latest. Tap the button above to read the full story on their site.